283-285 Weyba Road, Noosaville, Queensland

BOUTIQUE HOLIDAY RESORT NOOSA.

$2,490,000

Business Description

Management Rights for sale Noosa Sunshine Coast, This Boutique Holiday Resort is very well located to enjoy what Noosa and Noosaville have to offer.
Perfectly located to enjoy the Noosa River for Boating, Kayaking, Stand up Paddle Boarding, Fishing, the National Park for walking / Hiking, North facing Patrolled beach, the famous Hasting Street to enjoy retail shopping and alfresco Dining at the fine dining Restaurants and Cafes.
The Sunshine Coast also provides Tourist attractions with Aussie Zoo Steve Irwins legacy, Aussie World Theme Park for family fun, Big Go Kart track, Sea Life Aquarium.
There are also some great Golf Courses to enjoy and day trips to Fraser Island, the Hinterland with Montville and Meleny, and Caloundra and Mooloolaba beaches.
There is something for everyone to do and enjoy.

Business Summary

Business Snapshot

Price: $2,490,000 Net Profit: $282,378 Remuneration / Body Corp Salary: $76,298

Managers Unit

Value of Managers Apartment: $1,080,000Bedrooms: 3Bathrooms: 2Car Spaces: 1Office: On TitlePets OK: Yes

3 Bedroom 2 Bathroom Managers apartment with 2 balconies. The office is a separated lot.

Complex Information

Complex Type: HolidayTotal Units in Complex: 28Total Units in Letting Pool: 20Owner Occupy Units: 3Outside Agent Units: 1Lockup Units: 2Agreement Term: 20 yearsAgreement Term Remaining: 20 yearsPool: YesSpa: YesBBQ Area: YesWIFI: Yes

Marketing Agent

Narelle Filmer and Wayne Stoll

0459 22....

Think Management Rights

Key Investment Insights

1. Prime location in Noosa and Noosaville, close to popular tourist attractions and activities.
2. Diverse range of activities and attractions for guests to enjoy, including boating, kayaking, fishing, hiking, and theme parks.
3. Well-established and successful holiday resort with a strong net profit and body corp salary.
4. Spacious and modern 3 bedroom, 2 bathroom manager's apartment with separate office.
5. Pet-friendly complex.
6. Long-term management agreement with 20 years remaining.
7. Large number of units in the letting pool, providing potential for growth and increased profits.
8. On-site amenities including a pool, spa, BBQ area, and WIFI.
9. Potential for day trips to nearby destinations such as Fraser Island and the Hinterland.
10. Strong potential for continued success and growth in the popular Noosa area.

Management Rights Multiplier: 4.99
ROI Estimate: 11.34%